CLEVELAND - Sotera Health Company (NASDAQ:SHC), a global provider of sterilization solutions and lab services, announced the pricing of its secondary stock offering at $14.75 per share. The offering consists of 25 million shares sold by existing stockholders, including affiliates of private equity firms Warburg Pincus LLC and GTCR LLC, two management members, and one...
-- U.S. stock index futures fell in evening deals on Wednesday, extending a decline in Wall Street as uncertainty over an upcoming inflation reading and warnings from Federal Reserve officials spurred increased risk aversion. Investors remained largely fearful that sticky inflation will see the Fed keep interest rates higher for longer. Several Fed officials echoed...
By Jaspreet Singh (Reuters) -HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers delay system upgrades. Shares of HP, which is the second-largest PC vendor in the world after China\'s Lenovo Group (OTC:LNVGY), fell...
By Poonam Behura (Reuters) -Australian casino operator Star Entertainment posted a smaller-than-expected drop in first-half profit on Thursday amid intense competition and lower discretionary spending, sending its shares sharply higher in early trade. Shares of the cash-strapped casino operator jumped more than 5% to A$0.505 by 0015 GMT, outperforming the benchmark stock index which was...
WESTMINSTER, Colo. - Ball Corporation (NYSE: NYSE:BALL), a supplier of sustainable aluminum packaging solutions, has announced the early results of its cash tender offers for the buyback of its outstanding senior notes due in 2025 and 2026. The company revealed that a significant portion of these notes had been tendered by the early deadline on...
MELBOURNE (Reuters) - The world\'s biggest listed miner BHP Group (NYSE:BHP) said on Thursday it was disbanding some global teams and transferring those roles covering functions including planning, environment and heritage protection to its mining asset-level management. BHP employs more than 80,000 people in staff and contractors around the world and the announcement comes after...
WAYNE, Pa. - Radian Group Inc . (NYSE: NYSE:RDN), a provider of mortgage and real estate services, has priced a public offering of $625 million in senior unsecured notes with a 6.200% annual interest rate, due May 15, 2029. The offering is scheduled to close on March 4, 2024, with interest payments beginning on November...
BRENTWOOD, Tenn. - Delek Logistics Partners, LP (NYSE:DKL), in conjunction with its subsidiary Delek Logistics Finance Corp., has upsized its senior notes offering to $650 million, a rise from the initial $550 million proposed. The 8.625% senior notes, due in 2029, were priced at par and are slated to close on March 13, 2024, contingent...
By Isla Binnie, Andres Gonzalez and Ron Bousso NEW YORK (Reuters) - Shell (LON:SHEL)\'s U.S. solar business Savion has put around a quarter of its assets up for sale, according to a marketing document and industry sources, as the oil major extends a retreat from owning renewables projects under CEO Wael Sawan. Investment bank Jefferies...
By Stephen Nellis (Reuters) -Apple plans to disclose more about its plans to put generative artificial intelligence to use later this year, Chief Executive Officer Tim Cook said during the company\'s annual shareholder meeting on Wednesday. Cook said that the iPhone maker sees \"incredible breakthrough potential for generative AI, which is why we\'re currently investing...